When it comes to cybersecurity, prevention is vital to successful protection. Having a set plan with strategies and tools to prevent fraud can help avoid and mitigate threats, such as phishing, social media threats, vishing, and mobile app fraud – all of which can result in significant losses for your organization.
Fraudulent attacks continue to plague organizations. According to Fortra research, fraud made up nearly 25% of reported social media attacks for the second straight quarter. Your organization cannot afford to ignore fraud and needs to combat it with advanced digital risk protection.
Effective Fraud Prevention
External fraud prevention is achieved through broad, proactive monitoring, expert-led threat data curation, and complete mitigation of each legitimate threat. Organizations can also leverage threat data to strengthen frontline security defenses and enhance their overall threat intelligence. By enriching their existing internal threat data, they can better identify and address potential threats. It’s also important to continuously update intel on the newest fraud tactics.
Having the proper threat intelligence can also enhance existing security controls and adding threat engagement and disruption can interrupt fraudulent attempts.
Anti-Fraud Services: Detect and Prevent
Detect, prevent, and fight back against external fraud with PhishLabs anti-fraud services that cover a host of threats from phishing to banking trojans.
Customer Phishing Protection
Phishing attacks are quickly detected and shut down, but PhishLabs goes deeper to investigate and dismantle the underlying infrastructure used to carry out attacks, such as phishing kits, drop email accounts, etc. Learn more about Customer Phishing Protection.
Social Media Fraud Protection
Social media applications expose organizations to a broad spectrum of risks including fraud. Threat actors target large audiences of unsuspecting users through phishing posts and fraudulent impersonations to compromise user login credentials, and to commit deposit fraud. PhishLabs cuts through the noise to detect and mitigate these threats through strong business relationships and the experience needed to quickly stop attacks before damage is done. Learn more about Social Media Protection.
Vishing, Hybrid Vishing, and Smishing Protection
PhishLabs actively monitors the cybercrime underground to find phishing attacks that use voice (vishing) or SMS text messages (Smishing). We then investigate these attacks and shut them down. See what Customer Phishing Protection can do for your organization.
Mobile App Fraud Protection
PhishLabs proactively fights back against unauthorized mobile applications by actively monitoring more than 75 official and unofficial app stores and repositories. Rogue apps are taken down swiftly when they are detected abusing your brand. Learn more about Mobile App Protection.
Brand Abuse Lure Protection
Cybercriminals commonly abuse trusted brands in spam emails to trick recipients into infecting themselves with malware. PhishLabs analyzes massive volumes of spam every day. This allows us to detect spam campaigns abusing our customers’ brands to distribute malware. When detected, we investigate and disrupt the botnets, spamming services, and exploit sites used in the operation. Protect brand trust with Customer Phishing Protection.
Cybercrime Threat Intelligence
Every day, cybercriminals launch thousands of attacks targeting businesses and their customers. To enable these attacks, they use hacked websites, free domains registrations, free hosting, and several other unscrupulous service providers to host phishing sites, malware, and response-based scams. PhishLabs offers threat intelligence feeds containing malicious URLs, domains, emails, and file hashes that have been detected and verified as malicious, using proprietary automated methods and expert analysis. Targeted enterprises can use these high-fidelity intelligence feeds to block access to attack sites and add context to their security analytics, improving attack detection and preventing compromise. Service providers and hosting companies can use this intelligence to detect malicious content hosted in their networks and data centers. Additionally, security vendors can integrate this data to enhance the protection delivered by their products and services. Learn more about our Intelligence Feeds.
Banking Trojan Protection
Crimeware, such as banking trojans, are used to hijack customer accounts, harvest user credentials, and steal funds. PhishLabs proactively monitors crimeware operations and detects those targeting our customers. We quickly shut down the sites hosting the crimeware, investigate the full operation, and disrupt the infrastructure they use to plan, stage, launch, and monetize crimeware attacks. Learn more about PhishLabs Customer Phishing Protection.
Why Fraud Detection and Prevention Matters: Benefits You Can't Afford to Miss
There are many reasons fraud detection needs to be a part of your digital risk protection solution.
Financial – Fraud detection and prevention can protect assets and help maintain financial stability by reducing the risk of significant financial losses.
Reputation – Trust in your brand is important to customers and partners. By managing fraud, organizations strengthen their reputations and build trust in their brand.
Compliance – A strong fraud prevention and detection strategy aides in keeping organizations compliant. By avoiding threats that can violate compliance laws, organizations can stay out of legal and financial consequences.
Strengthen Internal Controls with Threat Intelligence
PhishLabs uses the combined intelligence from Fortra, giving users the ability to augment existing security controls with additional insight.
- Threat Engagement and Disruption covertly interacts with threat actors to enumerate their infrastructure and disrupt operations with direct BEC threat actor engagement and credential baiting.
- Intelligence Feeds enrich existing internal threat data and enable the optimization of security controls to detect and mitigate more threats, including rich indicator feeds for credential theft cases, email threats reported by users, and money mule accounts.
- Intelligence Assessments enrich security controls and improve operational and strategic threat decision making with expanded insight from supplemental fraud and email intelligence assessments provided by Fortra researchers. Gain deep insight into credential theft incidents, email threats, and counterfeit sites.
Why PhishLabs?
PhishLabs monitors the threat landscape, benchmarks threat exposure against peers, and keeps stakeholders informed with detailed reports. Through our Monitoring, Curation, and Mitigation process, PhishLabs stops external threats first.
Monitoring the open, deep, and dark web, social media and mobile sites
Expert curation to work through the noise and find relevant fraudulent attacks
Mitigate threats by quickly taking them down before damage can be done
What Our Client Has to Say
Speed of take down for fraudulent sites is amazing.
Security Executive at Large Financial Institution